Sage tackles imminent VAT rollout at Bahrain workshop

Industrial Revolution 4.0 and business innovation a part of agenda

Fernandes notes that many organisations are scrambling to get ready with implementation of VAT imminent.

Accounting, payroll and payment systems vendor Sage, has held a roadshow luncheon discussion on the introduction of VAT in the GCC region and its technology implications for business builders.

As the date for the introduction of VAT draws nearer for Bahrain and countries in the GCC, Sage showcased how its solutions can assist and manage the changes. The Sage Advice Roadshow took place yesterday at the Movenpick in Bahrain.

The discussion delved into the technologies driving Industrial Revolution 4.0, specifically on the SMAC technologies and their role in business innovation.

SMAC (social, mobile, analytics, and cloud) also known as the third-platform, sees people everywhere become more connected through cloud computing, the Internet of Things, mobile technology and social media, and emphasises simpler, more agile, and modular software platforms to support organisational growth.

Ahead of the workshop, Reggie Fernandes, regional director, Sage Middle East noted that many organisations are scrambling to get ready with implementation of VAT just around the corner. “At the event, we are showing how Sage solutions can assist with the changes. We’ll also talk about how the fourth Industrial Revolution is redefining the way in which we work and how SMAC (social, mobile, analytics, and cloud) affects business innovation in the Middle East.”